Common use of Repurchase Option Procedure for the Company Clause in Contracts

Repurchase Option Procedure for the Company. With respect to any repurchase option other than a Put Option (which shall be governed by the procedures set forth in Section 4(d)) and subject to the Executive Securityholder's prior right to exercise a Put Option upon the occurrence of a Put Event, the Company or the Investment Company (in the case of Executive Securities of the Investment Company) may elect to repurchase all or any portion of the Executive Securities subject to repurchase as provided herein (the "Available Securities") of an Executive Securityholder whose employment with the Company or any of its Subsidiaries has terminated (the "Termination") as described in Sections 4(a), 4(b) or 4(c) (the "Repurchase Option") by delivery of written notice (a "Repurchase Notice") to the holders of such Executive Securities within 120 days after the date of the Termination (the "Repurchase Notice Period") if a Put Event has not occurred, or if a Put Event has occurred, within 120 days following the expiration of the Put Option Exercise Period. The Repurchase Notice shall set forth the aggregate consideration to be paid for such Available Securities and the time (not to be later than 20 days after such notice) and place for the closing of the transaction.

Repurchase Option Procedure for the Company. With respect to any repurchase option other than a Put Option (which shall be governed by the procedures set forth in Section 4(d)) and subject to the Executive Securityholder's ’s prior right to exercise a Put Option upon the occurrence of a Put Event, the Company or the Investment Company (in the case of Executive Securities of the Investment Company) may elect to repurchase all or any portion of the Executive Securities subject to repurchase as provided herein (the "“Available Securities"”) of an Executive Securityholder whose employment with the Company or any of its Subsidiaries has terminated (the "“Termination"”) as described in Sections 4(a), 4(b) or 4(c) (the "“Repurchase Option"”) by delivery of written notice (a "“Repurchase Notice"”) to the holders of such Executive Securities within 120 days after the date of the Termination (the "“Repurchase Notice Period"”) if a Put Event has not occurred, or if a Put Event has occurred, within 120 days following the expiration of the Put Option Exercise Period. The Repurchase Notice shall set forth the aggregate consideration to be paid for such Available Securities and the time (not to be later than 20 days after such notice) and place for the closing of the transaction.

Repurchase Option Procedure for the Company. With respect to any repurchase option other than a Put Option (which shall be governed by the procedures set forth in Section 4(d3(b)) and subject to the Executive Securityholder's Executive’s prior right to exercise a Put Option upon the occurrence of a Put Event, the Company or the Investment Company Invesco (in the case of Executive Securities of the Investment CompanyInvesco) may elect to repurchase all or any portion of the Executive Securities subject to repurchase as provided herein (the "“Available Securities"”) of an Executive Securityholder whose employment with the Company or any of its Subsidiaries has terminated (the "“Termination"”) as described in Sections 4(a), 4(b) or 4(cSection 3(a) (the "“Repurchase Option"”) by delivery of written notice (a "“Repurchase Notice"”) to the holders of such Executive Securities within 120 days after the date of the Termination (the "“Repurchase Notice Period"”) if a Put Event has not occurred, or if a Put Event has occurred, within 120 days following the expiration of the Put Option Exercise Period. The Repurchase Notice shall set forth the aggregate consideration to be paid for such Available Securities and the time (not to be later than 20 days after such notice) and place for the closing of the transaction.